GM, feds near settlement on ignition switch probe

General Motors is close to settling a federal criminal investigation into its handling of the deadly ignition-switch defect, according to sources familiar with the matter.

Under the agreement that was still in discussion Wednesday and could unravel, GM would pay less than the $1.2 billion Toyota paid in 2011 in connection with its handling of an unintended acceleration case, the Wall Street Journal first reported. NBC News reported GM and the Department of Justice wil...